How to open a forex trading accountt without a credit card? -

Only got a Mastercard debit card and a bank account.Will I be able to open a trading account to do Forex trading...Please help as I ve been jobless and need to open account as sooon as possible to start trading. You should be able to open with your debit card . One advise is that you should not jump in too quickly to do real trades until you are comfortable. Generally new comers are the ones who lose money in forex. Take time to learn about how ro trade forex. Try out some software and test them out on your paper trades. Forex trading-http://tradingsforex.info/ If you are new to trading, it will be best to get a job and trade forex on the side. Trading forex, or even the stock market is not easy. 8 out of 10 persons who go into this will lose some or all of their money within 12 months. What s worse, if you will rely on your trading profits to cover for day to day expenses, you will take on unnecessary risk and will fail in this venture much sooner. Now to answer your question on funding your account--you have other options to fund your account. One is to wire transfer the money to your broker, which is more expensive and takes time. Another option for you is to send them a check, which also takes time. Have you tried using paypal, (if your broker accepts paypal--if not, try oanda.com)? Hope my input helps. http://jsforex.blogspot.com - Jim Syyap, Managed Forex Accounts Save your money. You aren t going to get rich quick with a forex account. The Forex (currency exchange trading) industry is the biggest market on earth today, with a daily turnover of 3 trillion dollars! Anyone today can trade Forex online. You have to open a paypal account for the trading. If you a beginner, you have to download Complete Forex manual with detailed examples.